There are two Head and Shoulders patterns. Big and small.
When the necklines are breached, the fall will be spectacular. It may give boost to stocks temporarily, or be a result of stocks moving higher at least temporarily. Or both asset classes will tank together as traders will be selling BTC and stocks to cover their margin calls.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.